BB's Stock Haven

[jaybird249]

HUGE INSIDER BUYS LUM Exploding $1 Real estate stock
LUM was $10 a month ago. LUM has high quality loan portfolio with NO SUBPRIME. Its new Partner Arco will own 49% of LUM and JUST BOUGHT 2.6 MM SHARES AT AVERAGE PRICE AROUND $1.

In Summary:

NO Subprime exposure
High quality loans
Investor not originator of loans
http://www.luminentcapital.com/phoenix.z...

ARCO 2.6 MM SHARE BUY

Item 4. Purpose of Transaction.
The Reporting Persons acquired the Common Shares beneficially owned by them for investment purposes. The Reporting Persons expect to continually monitor and re-evaluate their investments in the Common Shares.
The Reporting Persons believe that the Issuer�s business has been adversely affected by the liquidity and related issues that recently have affected many of the participants in the U.S. residential mortgage markets. The Reporting Persons believe that the Issuer�s business as operated before the recent credit and liquidity squeeze was fundamentally sound and that, assuming these adverse market conditions prove to be relatively short-lived, an investment in the Issuer at the present time may offer attractive returns.


http://www.sec.gov/Archives/edgar/data/1...


Number of Shares
Reporting Person Date Purchased / (Sold) Price Per Share
Western Gailes
Capital Management
LLC August 3, 2007 53,000 $6.5344

Western Gailes
Capital Management
LLC August 6, 2007 25,000 $4.8564

Western Gailes
Capital Management
LLC August 7, 2007 60,000 $0.518

Western Gailes
Capital Management
LLC August 8, 2007 12,000 $1.045

ISTAN LLC August 7, 207 250,000 $0.9015

Interinvestco LLC August 9, 2007 599,316 $0.806318

Interinvestco LLC August 9, 2007 44,467 $0.875

Interinvestco LLC August 10, 2007 1,570,382 $1.1438

Interinvestco LLC August 10, 2007 2,630 $0.805

(d) No person other than the Reporting Persons has the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of the Common Shares reported herein.